Walmart goes to the cloud to close gap with Amazon
SAN BRUNO/SUNNYVALE, Calif. (Reuters) – One of Walmart Inc’s best chances at taking on Amazon.com Inc in e-commerce lies with …read more Source: Reuters Tech News
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Toshiba appoints ex-banker as CEO, forecasts first profit in four years
TOKYO (Reuters) – Toshiba Corp appointed a former banker from a key creditor bank as CEO and forecast its first …read more Source: Reuters Tech News
Baidu earnings beat forecasts, eyes U.S. listing for video unit iQiyi
SHANGHAI/BEIJING (Reuters) – Chinese internet search firm Baidu Inc posted a forecast-beating quarterly revenue increase and unveiled a U.S. listing …read more Source: Reuters Tech News
Sam’s Club consolidates membership structure, offers free shipping
(Reuters) – Warehouse chain Sam’s Club, a unit of Walmart Inc, said on Wednesday it will consolidate its membership structure …read more Source: Reuters Tech News
Toshiba says to appoint ex-banker as next CEO
TOKYO (Reuters) – Japan’s Toshiba Corp said on Wednesday it is appointing Nobuaki Kurumatani, a former executive of Sumitomo Mitsui …read more Source: Reuters Tech News
Uber’s fourth-quarter loss narrows to $1.1 billion: source
(Reuters) – Uber Technologies Inc [UBER.UL] narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in …read more Source: Reuters Tech News
U.S. senators concerned about Chinese access to intellectual property
WASHINGTON (Reuters) – China is trying to gain access to sensitive U.S. technologies and intellectual properties through telecommunications companies, academia …read more Source: Reuters Tech News
Airbnb’s ‘Experiences’ business on track for 1 million bookings, profitability
SAN FRANCISCO (Reuters) – Airbnb Inc’s year-old tours and activities business is booking tens of thousands of travelers every month …read more Source: Reuters Tech News
China’s Baidu tops revenue and profit estimates, shares rise
(Reuters) – China’s Baidu Inc reported on Tuesday quarterly profit and revenue that beat analysts’ estimates, powered by strong performances …read more Source: Reuters Tech News
Shareholder Deason sues Xerox in U.S. to block Fujifilm deal
(Reuters) – Xerox Corp shareholder Darwin Deason asked a court on Tuesday to block the company’s merger with Japan’s …read more Source: Reuters Tech News